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HomeForex NewsSeoul and US in talks to minimise forex impact from US-bound investment

Seoul and US in talks to minimise forex impact from US-bound investment

SEOUL (Sept 14): South Korea’s finance ministry is in talks with the US to minimise any impact on the dollar-won market from a US$350 billion (RM1.47 trillion) investment package that is part of a trade deal between the countries, it said in a statement on Sunday.

The ministry declined to comment on media reports that setting up a bilateral currency swap could be one topic of discussion, according to the statement.

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